Friday, November 11, 2011

Gold and Silver Prices Continued to Decline –Recap November 10

With all the news items pouring in from Europe regarding the political changes
in Greece and Italy, the financial markets were unstable and shifted directions
throughout the day; by the end of the business day: gold and silver prices
decline, while crude oil prices bounced back and sharply increased. Natural gas
prices shifted direction and moderately fell. Here is a summary of the price
movements of precious metals and energy commodities for November 10th: Precious
Metals Prices: Gold price decreased yesterday by 1.79% and reached $1,759.60;
Silver price also declined by 0.74% to reach $34.11. During November, gold price
rose by 2.0% while silver price decreased by 0.72%.

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